Do individuals have to deduct tds?

Gopal Mirchandani (Retired) (110 Points)

18 March 2018  

1) I am a Resident Individual

2) I am retired and do not have Income from Business and Profession.

3) I am getting renovation done in my flat and paying the contractor 2,00,000/- for the work done.

4) Am I liable to deduct TDS from the Contractor (who is also an Individual)??

Thanks

 

Gopal